BuildingDubai Hills Estate · Dubai Hills Estate

Palace Residences 1

One-beds to three-beds in Dubai Hills Estate. 11 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 3 October 2026
Typical price per sqftAED 2,383Down 0.2% on the year
Typical saleAED 2.69M11 sales

About Palace Residences 1

Palace Residences 1 is an apartment building in Dubai Hills Estate, Dubai. It was developed by Dubai Hills Estate and rises 21 storeys, with 293 apartments ranging from one to three bedrooms. Sizes run from 743 to 1,820 sqft. The building sits beside Palace Residences 2, Palace Residences 3 and the Palace Residences Townhouses, which together form a small cluster within the community. Several everyday amenities are close by, all measured in a straight line. Splash Park is within walking distance at about 200 m, Monoprix is about 400 m away, and Dubai Hills Mall and British Orchard Nursery are each about 500 m away. The American Hospital Dubai Hills Clinic and Atlantis Swimming Academy are both about 700 m away.

293 apartments over 21 floors: 120 one-beds of 743 to 866 sqft, 132 two-beds of 1,114 to 1,365 sqft and 41 three-beds of 1,488 to 1,820 sqft.

11 apartments sold in the 12 months to October 2026, at a median of AED 2,383 per sqft, down 0.2% on the year before. Most of the trading is in two-beds: 8 of the 11 sales, at AED 2,300,000 to 2,923,324.

Developer
Dubai Hills Estate
Floors
21
Units
293
Unit types
1-bed to 3-bed

Dubai Hills Estate, Dubai

Average prices in Palace Residences 1

In Palace Residences 1, typical sale prices over the last 12 months were around AED 1,780,000 for one-beds and AED 2,770,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Palace Residences 1

2,0002,2502,500May 2026Nov 20262026-02-18: AED 2,474, 2-bed, 1,114 sqft2026-02-19: AED 2,547, 2-bed, 1,119 sqft2026-02-24: AED 2,548, 2-bed, 1,114 sqft2026-04-15: AED 2,416, 1-bed, 747 sqft2026-04-21: AED 2,383, 1-bed, 747 sqft2026-04-27: AED 2,349, 2-bed, 1,124 sqft2026-05-21: AED 2,364, 1-bed, 747 sqft2026-07-01: AED 2,228, 2-bed, 1,208 sqft2026-08-11: AED 1,886, 2-bed, 1,219 sqft2026-10-03: AED 2,297, 2-bed, 1,207 sqft2026-10-03: AED 2,397, 2-bed, 1,220 sqftTrend: AED 2,478 to AED 2,181

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Palace Residences 1

  • Off-plan2-bed · 1,219 sqft 03 Oct 2026AED 2,923,3242,397 /sqft
  • Off-plan2-bed · 1,207 sqft 03 Oct 2026AED 2,773,5642,298 /sqft
  • Off-plan2-bed · 1,219 sqft 11 Aug 2026AED 2,300,0001,886 /sqft
  • Off-plan2-bed · 1,208 sqft 01 Jul 2026AED 2,691,8882,228 /sqft
  • Off-plan1-bed · 747 sqft 21 May 2026AED 1,766,8882,365 /sqft
  • Off-plan2-bed · 1,123 sqft 27 Apr 2026AED 2,640,0002,350 /sqft
  • Off-plan1-bed · 747 sqft 21 Apr 2026AED 1,781,8882,384 /sqft
  • Off-plan1-bed · 747 sqft 15 Apr 2026AED 1,805,8882,416 /sqft
  • Off-plan2-bed · 1,114 sqft 24 Feb 2026AED 2,840,0002,548 /sqft
  • Off-plan2-bed · 1,118 sqft 19 Feb 2026AED 2,850,0002,549 /sqft

Over the last 12 months, Palace Residences 1 has recorded 11 apartment sales. Typical homes sold for around AED 2.69M (about AED 2,383 per sqft) with a median size of 1,119 sqft; most were two-beds, from roughly AED 1.77M to AED 2.92M.

1–10 of 312

Units in Palace Residences 1

293 units
  • Unit 1012-bed · 1,360 sqftSold AED 2.75M, Jul 2024
  • Unit 1022-bed · 1,365 sqftSold AED 2.76M, Jul 2024
  • Unit 1033-bed · 1,820 sqftSold AED 4M, Jul 2024
  • Unit 1042-bed · 1,219 sqftSold AED 2.73M, Jul 2024
  • Unit 1051-bed · 752 sqftSold AED 1.78M, Sep 2024
  • Unit 1061-bed · 747 sqftSold AED 1.77M, Jul 2024
  • Unit 1071-bed · 752 sqftSold AED 1.78M, Jul 2024
  • Unit 1082-bed · 1,206 sqftSold AED 2.59M, Jul 2024
  • Unit 1091-bed · 754 sqftSold AED 1.78M, Jul 2024
  • Unit 1101-bed · 751 sqftSold AED 1.78M, Jul 2024
1–10 of 293
Every unit in Palace Residences 1, by number

By type: one-beds (120), two-beds (132), three-beds (41).

Nearby in Dubai Hills Estate

All 82 →
BuildingSale /sqftYield
Palace Residences TownhousesFew sales
Palace Residences 3AED 2,516
Palace Residences 2AED 2,480
ParklandAED 2,249
Parkside HillsAED 2,129
1–5 of 81 · nearest first

Palace Residences 1 in numbers

  • Across 11 DLD sales in the 12 months to October 2026, the median price in Palace Residences 1 was AED 2,383 per sqft and the typical home sold for about AED 2.69M.
  • By Dubai Hills Estate; 21 floors of one-beds to three-beds.
  • Two-beds of 1,114 to 1,365 sqft sold for AED 2,300,000 to 2,923,324 between February 2026 and October 2026, a median AED 2,373 per sqft.

Source: Dubai Land Department. Updated 3 October 2026.

Questions

How much does a two-bed in Palace Residences 1 cost?

8 two-beds sold in the 12 months to October 2026, for AED 2,300,000 to 2,923,324; the median was AED 2,765,765, or AED 2,373 per sqft.

Have prices in Palace Residences 1 gone up?

The median price per sqft fell from about AED 2,387 to AED 2,383 over the 12 months to October 2026, down 0.2%, on 11 sales against 10 the year before.

Who built Palace Residences 1 and when?

Dubai Hills Estate; 21 floors; 293 apartments.

How many apartments are there in Palace Residences 1?

293, one-beds to three-beds. Each has its own page with its full sales and rental history.

For sale with OpenOffers in Dubai Hills Estate

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